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The day in the life here applies to more fundamental L/S equity HFs right? Macro/Distressed/Market Making/Alt Strats may have a different schedule since they look at different things and might not be as concerned with individual earning calls
yea he forgot to mention its for L/S MMHF (multi manager HFs) which takes up roughly 5-10% of the HF pool. MMHFs differ b/c they use multiple teams w/ quant models, not relying on the discretionary market insights (e.g not holistic naunces of global macro as proxies or str8 up quant/pods, etc), so this is negating the other 90% of HFs
@@FusionMacro so what or which hedge funds use the least amount of modelling - where can someone try break into the easiest from sell side equity sales for example, experience looking at financials, valuations, not in creating models. macro fan but not so knowledgeable like one with a masters degree
Ben, love these videos. For the responsibilities you’ve outlined, could you highlight some tools that the average retail investor has at their disposal to gain an edge? Not looking to replicate 100% of what is done at a typical hedge fund, but to understand what I could be doing to improve my DD in my daily trades.
Abuu Petyerra: “people seek wealth and then end up living in the simplicity of nature; I live this simplicity right from the start, which is true wealth”. Ilela Antonia Garés: “at certain levels, man’s success is based on wealth. Leave him on the street for just one day and his best friend will disown him; leave him for the time of his wealth and he will disown himself”.
Thank you for this 🙏, I've been waiting for an insightful video on a day in the life of a hedge fund analyst. Will you being doing any future videos on how to break into the HF industry? Such as relevant work experience, qualifications required (whether academic or professional), networking opportunities etc
hey, i want to get into finance as i enjoy looking at market trends and love math and programming. The main thing i would want if i were to work in finance is to have a job that revolves around programming or math-related work. From what I've found online, from the 3 buy-side types of firms, Quantitative Hedge Funds are the most grounded in fields like stochastic calculus and machine learning. Is this true? and would a "day in the life' of a quantitative HF analyst look different to this L/S hedge fund?
Very good and informative video. I want to ask you, what's the time horizon on average for any investment idea ? Also do you trade around the core position of a stock (I know it's the role of the PM with the trader). Another question, does it happen for you to take a position in a stock for few weeks to couple month to "play" earnings momentum for the one to 3 next quarters ?
Hey Rareliquid, could you make a video about the best places to start a career in Private Equity? I'm currently considering Zurich. Do you have any real-world insights on where this industry offers the best opportunities to pursue a career?
Question; do these hedge funds look for people coming from the top universities? I got accepted with JP Morgan for portfolio management internship next summer. What’s the best tips to get into the citadel, Morgan Stanley, etc..
Congratulations, could you share what significant thing on your cv led to this opportunity ,also what program are you pursuing, I would really appreciate your reply
@ Of course bro. I just fired away at some applications of what i was interested in. Some things i believe that opened the door was a great detailed resume. I noticed when i applied without them, i was always instantly declined. I went a made a detailed resume, including experience - but most importantly mentioning my high GPA, which i believe they look for most.. Education! I went with JP summer internship based on portfolio management, specifically with hedge funds. You can look on their career site for internship etc.. Goodluck bro!
Ben, I am going to select my bachelor's degree, and I want to know that clearly, What is the best degree to get into investment banking? I mean, what kind of major has a better opportunity than others to get into investment banking? Is it a bachelor's degree in finance or economics or STEM degrees? Someone says STEM degrees have a better opportunity. Someone says finance degree has a better opportunity Stuff like that. I want to know that clearly I want to work at investment banking division at Wall Street Investment Bank. So, what is the best major to do?
I highly suggest gender studies. You will definitely be an out of the box candidate and u can use this to ur advantage. great for IB and Gender studies and M&A have a lot in common. Thanks!
Finance or Econ. Depends on where you spend your time outside really. Finance has an edge for sure, maybe take some economics electives if you have the time
Hi Ben, as someone who us just breaking into this field, where can i ready equity research from other firms on my own just because I got an internship at a top hedge fund and I'm trying to prepare. Before my internships are there anything you recommend me understanding to make my transition easier? thank you?
If you building your financial model with z score i do to, im building a forex model with z score and then the model have to be correlated with the instrument and then forecast the pair with linear regression 🎉. Hahaha i know all your secrets, i know a youtuber that he have a model that is correlated with 90% with WTI and 95% with S&P500 and gold with maybe 50% to 60% so powerful 💪, i gained all my knowledge from him🙏
I am retiring next yr at 57 with steady income stream from my $4 Million dividend portfolio total $650,000 a yr to live comfortably, and its all because of my Fee only Advisor who handles activities in my Portfolio. I also have no debts ... Stay Motivated!!🌹✅
That's why there's 0 chart reader or TA hedge fund in the top 100 investment firms :) Actually using TA and charts in the trading /investment decision is the major factor for underperforming the index (timing is usless by reading charts)
@ Dude, you’re making a video about how a typical day of a hedge fund analyst goes, and you’re not even one yourself. I think you’d have more details to add and a better understanding/comprehension of what a hedge fund analyst is about if you actually were one. Like why even make a video about it if you don’t have any interest in becoming one yourself? For example, as a Christian I could make a video about a day in the life of a Satanist, but why the heck would I? It’d be odd that I’d have that interest. Just saying that if you don’t actually have the experience of doing something and you make a video that goes into detail about that subject matter, how reliable really is it? Wouldn’t someone find it more reliable and interesting to watch a video about something that someone actually has a vested interest in? Answer those questions. You can have a video up of something you don’t involve yourself in, but why even bother? You just seem to have a peculiar way about yourself, and I’m just interested to find out why that is. Lol, I’m done.
1st year base salary in nyc will be around 100-120k and a bonus of $50k - $75k. If u work outside of nyc it will likely be around 5 to 10 percent less.
@rareliquid does any of your friends at hedge funds leave from IB and went into that space or no, if not could you make a video about how you can leave from IB and go into Hedge fund?
🧑🏫Wharton & Wall Street Prep Applied Value Investing Certificate Program🧑🏫
► Use code RARELIQUID for up to $500 OFF
► secure.enroll.wharton.wallstreetprep.com/referral/DSczdzDz/s2yqD1GUkwps4u5h
🚀FREE Career Resources🚀
► My AI Newsletter - rarecandyai.com/
► Download Financial Models - rareliquidcareers.com/models
► Join the rareliquid Discord Community - discord.gg/AHnxBUGTwt
🍎My Courses🍎
► How to get into MBA (LAUNCHED!) - liquidmba.com/
► How to get into investment banking (SIGN UP) - forms.gle/wt4cZrezbxVgNzGUA
I will never forget that rare liquid went to Wharton. I think I know his education better than I know my own with how much he talks about it.
You look like Ben Kim from Billions
lmaooo
hahahaha I was about to say exactly the same.
Yeah, he was basically made for this job😂
this is Ben Kim
😂😂😂
Well fucking done, Ben Kim
The day in the life here applies to more fundamental L/S equity HFs right? Macro/Distressed/Market Making/Alt Strats may have a different schedule since they look at different things and might not be as concerned with individual earning calls
yup this is just for l/s
yea he forgot to mention its for L/S MMHF (multi manager HFs) which takes up roughly 5-10% of the HF pool. MMHFs differ b/c they use multiple teams w/ quant models, not relying on the discretionary market insights (e.g not holistic naunces of global macro as proxies or str8 up quant/pods, etc), so this is negating the other 90% of HFs
@@FusionMacro so what or which hedge funds use the least amount of modelling - where can someone try break into the easiest from sell side equity sales for example, experience looking at financials, valuations, not in creating models. macro fan but not so knowledgeable like one with a masters degree
The iconic Patagonia vest, is almost a patented thing for hedge fund employees
"Step it up Ben Kim, step it up"
Geez hours are just as brutal, if not worse but hey get that bag 💰
The middle painting 👁 thanks for the content
This was needed
Ben, love these videos. For the responsibilities you’ve outlined, could you highlight some tools that the average retail investor has at their disposal to gain an edge? Not looking to replicate 100% of what is done at a typical hedge fund, but to understand what I could be doing to improve my DD in my daily trades.
Hey Ben, what camera and lens do you use for this video?
equity research legend right here.
sony a6400 and sigma lens i cant remember which one lol
@@rareliquid haha, thanks bud, probably f1.4 16mm
@@nicoxo28
Abuu Petyerra: “people seek wealth and then end up living in the simplicity of nature; I live this simplicity right from the start, which is true wealth”.
Ilela Antonia Garés: “at certain levels, man’s success is based on wealth. Leave him on the street for just one day and his best friend will disown him; leave him for the time of his wealth and he will disown himself”.
Thank you for this 🙏, I've been waiting for an insightful video on a day in the life of a hedge fund analyst. Will you being doing any future videos on how to break into the HF industry? Such as relevant work experience, qualifications required (whether academic or professional), networking opportunities etc
patagonia vest approves that you work in finance
Can you also do a day in life of an ALM analyst of a bank/life-insurance ?
please make a video about quant researcher at hedgefunds like two sigma or citadel!
Has vest to confirm he's in finance
lolol
Can't believe I'm first, also great video!
More like "narrating" day in a life of analyst.
hey, i want to get into finance as i enjoy looking at market trends and love math and programming. The main thing i would want if i were to work in finance is to have a job that revolves around programming or math-related work. From what I've found online, from the 3 buy-side types of firms, Quantitative Hedge Funds are the most grounded in fields like stochastic calculus and machine learning. Is this true? and would a "day in the life' of a quantitative HF analyst look different to this L/S hedge fund?
Very good and informative video. I want to ask you, what's the time horizon on average for any investment idea ? Also do you trade around the core position of a stock (I know it's the role of the PM with the trader). Another question, does it happen for you to take a position in a stock for few weeks to couple month to "play" earnings momentum for the one to 3 next quarters ?
That’s my quant 😂
Check out the history of DE Shaw 😊
Great video! quick question, can a hedge fund analyst just buy and hold for years without selling? does this affect the analyst's kpi?
An analyst necer upsates his/her model day to day.
Hey Rareliquid, could you make a video about the best places to start a career in Private Equity? I'm currently considering Zurich. Do you have any real-world insights on where this industry offers the best opportunities to pursue a career?
Question; do these hedge funds look for people coming from the top universities?
I got accepted with JP Morgan for portfolio management internship next summer.
What’s the best tips to get into the citadel, Morgan Stanley, etc..
Congratulations, could you share what significant thing on your cv led to this opportunity ,also what program are you pursuing, I would really appreciate your reply
@ Of course bro. I just fired away at some applications of what i was interested in.
Some things i believe that opened the door was a great detailed resume. I noticed when i applied without them, i was always instantly declined.
I went a made a detailed resume, including experience - but most importantly mentioning my high GPA, which i believe they look for most.. Education!
I went with JP summer internship based on portfolio management, specifically with hedge funds. You can look on their career site for internship etc..
Goodluck bro!
can we see your financial model as an example
Ben, I am going to select my bachelor's degree, and I want to know that clearly, What is the best degree to get into investment banking? I mean, what kind of major has a better opportunity than others to get into investment banking? Is it a bachelor's degree in finance or economics or STEM degrees? Someone says STEM degrees have a better opportunity. Someone says finance degree has a better opportunity Stuff like that. I want to know that clearly I want to work at investment banking division at Wall Street Investment Bank. So, what is the best major to do?
I highly suggest gender studies. You will definitely be an out of the box candidate and u can use this to ur advantage. great for IB and Gender studies and M&A have a lot in common. Thanks!
Maths and finance major is good. Or Engineering major like electrical engineering with minor in economics/finance. Above is a clown.
Finance or Econ. Depends on where you spend your time outside really. Finance has an edge for sure, maybe take some economics electives if you have the time
I'd go for a BS in Financial Engineering
The reality is, you need a mix of economics, finance and accounting.
Hi Ben, as someone who us just breaking into this field, where can i ready equity research from other firms on my own just because I got an internship at a top hedge fund and I'm trying to prepare. Before my internships are there anything you recommend me understanding to make my transition easier? thank you?
Does bridge water make money in stock?😮
I don’t want that job anymore.
tks
All that work and underperforming the market?
yeah my low IQ is telling me to stick with poker and hit the jackpot
you know I used to Joma videos./
why don't just buy val ETF stock call it quits?
Because you have to sell up your firm and make it a luxury good. The real answer is they might want lower vol with the same returns
If you building your financial model with z score i do to, im building a forex model with z score and then the model have to be correlated with the instrument and then forecast the pair with linear regression 🎉. Hahaha i know all your secrets, i know a youtuber that he have a model that is correlated with 90% with WTI and 95% with S&P500 and gold with maybe 50% to 60% so powerful 💪, i gained all my knowledge from him🙏
I am retiring next yr at 57 with steady income stream from my $4 Million dividend portfolio total $650,000 a yr to live comfortably, and its all because of my Fee only Advisor who handles activities in my Portfolio. I also have no debts ... Stay Motivated!!🌹✅
Thank you for sharing your experience. do you mind sharing your How to find your Fee Only Advisor?
Essmildaa Morgan is well known, just look her up.
Wow, Amazing experience. I know Essmildaa too! She’s helped grow my reserve, despite inflation, from $100k to $250k as of today
reading charts will do you better than any news/article/report will if searching for alpha.
That's why there's 0 chart reader or TA hedge fund in the top 100 investment firms :)
Actually using TA and charts in the trading /investment decision is the major factor for underperforming the index (timing is usless by reading charts)
I thought it was a day in your life as an analyst 😅
I stopped watching as soon as he said he didn't invest in a hedge fund himself.
why would i invest in a hedge fund
@ Dude, you’re making a video about how a typical day of a hedge fund analyst goes, and you’re not even one yourself. I think you’d have more details to add and a better understanding/comprehension of what a hedge fund analyst is about if you actually were one. Like why even make a video about it if you don’t have any interest in becoming one yourself? For example, as a Christian I could make a video about a day in the life of a Satanist, but why the heck would I? It’d be odd that I’d have that interest. Just saying that if you don’t actually have the experience of doing something and you make a video that goes into detail about that subject matter, how reliable really is it? Wouldn’t someone find it more reliable and interesting to watch a video about something that someone actually has a vested interest in? Answer those questions. You can have a video up of something you don’t involve yourself in, but why even bother? You just seem to have a peculiar way about yourself, and I’m just interested to find out why that is. Lol, I’m done.
What is salary
1st year base salary in nyc will be around 100-120k and a bonus of $50k - $75k. If u work outside of nyc it will likely be around 5 to 10 percent less.
Why is the worst day, the day where you do your job the most?
More stressful, more hours. This is pretty obvious
@@nedhenry639 Weak
this guy is full of it..
tell me why
@@rareliquid Ain't nothin' but a heartache... you know why.
@@rareliquidyea you have no bags under your eyes kinda ruins the point of the video
@@brandons2842can't explain? Why not? Are you insecure?
Have to say they have a pretty dumb job. Being an actual trader is much better
First to comment 🔥🔥
just looked at your youtube bio. jesus christ asians are too OP
“I spoke with my friend who DOES” Not DO
he said friends with an s
Searched for a mistake the whole video and still failed
This seems miserable.
@rareliquid does any of your friends at hedge funds leave from IB and went into that space or no, if not could you make a video about how you can leave from IB and go into Hedge fund?
First!
Are you sure?? L/S hedge fund are extremely rare nowadays and so many HF had already switched to either multi-strat or pure quant.
there’s a lot of long short they’re just low key as most hedge funds are
You missed talking about the meetings with ray dalio 🥲